If Bojana Tax Services' Office Supplies Account Balance on March

question 18

Multiple Choice

If Bojana Tax Services' office supplies account balance on March 1 was $1,400,the company purchased $675 of supplies during the month,and a physical count of supplies on hand at the end of March indicated $1,250 unused,what is the amount of the adjusting entry for office supplies on March 31?

• A)$675
• B)$825
• C)$1,250
• D)$1,975
• E)$525

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